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Cass Information Systems (Cass Information Systems) Liabilities-to-Assets : 0.91 (As of Dec. 2023)


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What is Cass Information Systems Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Cass Information Systems's Total Liabilities for the quarter that ended in Dec. 2023 was $2,248.8 Mil. Cass Information Systems's Total Assets for the quarter that ended in Dec. 2023 was $2,478.6 Mil. Therefore, Cass Information Systems's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.91.


Cass Information Systems Liabilities-to-Assets Historical Data

The historical data trend for Cass Information Systems's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cass Information Systems Liabilities-to-Assets Chart

Cass Information Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.90 0.92 0.91

Cass Information Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.91 0.92 0.91 0.90

Competitive Comparison of Cass Information Systems's Liabilities-to-Assets

For the Specialty Business Services subindustry, Cass Information Systems's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cass Information Systems's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cass Information Systems's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Cass Information Systems's Liabilities-to-Assets falls into.



Cass Information Systems Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Cass Information Systems's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2248.813/2478.622
=0.91

Cass Information Systems's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=2248.813/2478.622
=0.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cass Information Systems  (NAS:CASS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Cass Information Systems Liabilities-to-Assets Related Terms

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Cass Information Systems (Cass Information Systems) Business Description

Traded in Other Exchanges
Address
12444 Powerscourt Drive, Suite 550, St. Louis, MO, USA, 63131
Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.
Executives
Martin H. Resch officer: President & CEO 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Frank Wicks director 3050 SPRUCE STREET, ST LOUIS MO 63103
James J Lindemann director 13001 HOLLENBERG DRIVE, BRIDGETON MO 63044
Randall L Schilling director 13001 HOLLENBERG DRIVE, BRIDGETON MO 63044
Ralph W Clermont director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Joseph D Rupp director QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Michael James Normile officer: CFO 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Ann Walter Marr director 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Wendy J. Henry director 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Gary B Langfitt officer: COO-Utility Info Services 13001 HOLLENBERG DR, BRIDGETON MO 63044
Matthew Steven Schuckman officer: Executive Vice President 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Sally H Roth director 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Dwight D Erdbruegger officer: President 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Robert J Mathias officer: President, Cass Bank ACKRUTI, MIDC CROSS ROAD NO. 21, ANDHERI(E) MUMBAI K7 400093
Cavellier James M Jr officer: CIO 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131